City Singapore Financial News
19.03 / 03:26
UPS
Provident
Target
Gap
security
Research
isolate
Oracle to provide cloud computing, AI services to Singapore military
Oracle said on Wednesday it would provide Singapore's defense technology arm with «isolated» cloud computing and AI services, in the company's first such deal in Southeast Asia. Southeast Asian governments are frequent targets of cyber espionage campaigns and are facing escalating supply chain attacks, according to security researchers. Under the deal, the US firm will provide Singapore's armed forces and defense ministry with an «air-gapped» isolated cloud computing infrastructure — meaning that it will be cut off from the internet and connected instead to classified networks via encrypted devices.
11.03 / 07:55
Crypto Trading
Perpetual Futures
Bitcoin derivatives
crypto futures
Singapore Exchange gears up to list Bitcoin derivatives
Singapore Exchange (SGX) plans to list Bitcoin perpetual futures as traditional exchanges push deeper into crypto derivative markets. Singapore's largest exchange group intends to launch the contracts in the second half of 2025, a spokesperson said in an emailed statement. The company will strictly target institutional clients and professional investors, with retail customers barred from trading the instruments.
09.03 / 09:29
markets
UPS
FIVE
show
electronic
Schools
Global investors, NRIs show interest in Gujarat's semiconductor hub Dholera SIR
Gujarat's Dholera Special Investment Region which is emerging as a semiconductor hub in the state, according to a developer. Recent months have seen a rise in investor visits and land inquiries, fueled by Dholera's vision to become India's semiconductor hub with four of the five semiconductor plants in India being built in Dholera, Aaiji Group Founder and Managing Director Lalit Parihar said. Among fresh proposals, NextGen has signed a memorandum of understanding with the Gujarat government at Gujarat SemiConnect Conference 2025 for setting up a Rs 10,000-crore compound semiconductor fab and optoelectronics facility at Dholera. A tripartite agreement was inked between Tata Electronics, Taiwanese firms PSMC and Himax Technologies for an upcoming semiconductor chip manufacturing facility of the Indian company at Dholera, he said.
03.03 / 09:31
markets
NVIDIA
reports
Investigations
Destinations
Singapore probes final destination of possible Nvidia chip servers
Malaysia, but their actual final destination remains a mystery, the city-state's interior minister said Monday. The United States is cracking down on exports of advanced semiconductors to China, seeking to retain a competitive edge over the technology. But Bloomberg News reported in late January that US officials were probing whether DeepSeek bought advanced Nvidia semiconductors through third parties in Singapore, skirting Washington's restrictions.
28.02 / 07:23
markets
Citi
NVIDIA
performer
rock
Investigations
Singapore charges three with fraud that media link to Nvidia chips
Nvidia's advanced chips from the city state to Chinese artificial intelligence firm DeepSeek.
23.02 / 11:47
awards
wellness
trends
Casella
Diversity
performer
hospital
How Singapore's bar culture has influenced the way Asia drinks
Subscribe to enjoy similar stories. Indra Kantono, co-founder of the multiple award-winning Jigger & Pony, one of Singapore’s top bars, visited India for the first time recently. In Mumbai, bartenders and restaurateurs thronged his masterclass on growing a great bar brand at The Oberoi’s Eau Bar, which was organised in association with The House of Suntory.
21.02 / 13:19
markets
security
Analysis
Sustainability
Healthcare
Trade
country
Singapore rolls out tax rebates, $3.7 billion program to boost stock market
The statement offers more details on measures Singapore's equities market review group announced on February 13 to revive its stock market that has come under pressure from a dearth of mega listings and softer trading liquidity.
20.02 / 10:21
markets
Airlines
Software
RAI
reports
International
Singapore Airlines can thank Air India-Vistara merger for 2x profit in Q3
Singapore Airlines' on Thursday reported its net profit more than doubled in the third quarter, helped by a one-time gain from the Air India-Vistara merger.
20.02 / 06:07
Citi
Remark
Food
community
love
prevention
Stop listening to 'rich boys' like Nikhil Kamath: Kareena Kapoor dietician slams Zerodha founder after he praised Singapore's food habits
Kareena Kapoor’s dietician Rujuta Diwekar recently reacted to Zerodha co-founder Nikhil Kamath’s remark on how in Singapore, no one cooked at home and ate out. He then concluded if such a culture becomes widespread in India, it would create a Golden Age for restaurateurs.
19.02 / 09:15
COST
Analysis
Trade
Indus
reports
rights
Bharti Telecom's Q3FY25 net loss widened due to higher finance costs linked to Airtel share buys: Singtel
Singapore Telecommunications (Singtel) said Bharti Telecom’s net loss widened in the fiscal third quarter due to the latter’s higher finance expenses from extra borrowings to buy more Bharti Airtel shares. Singtel holds a 49.44% stake in Bharti Telecom (BTL) — the main promoter-level controlling company of Sunil Mittal-led Airtel. The Mittal family-backed Bharti Group owns a majority 50.56% stake in BTL.
07.02 / 13:57
UPS
IPO
security
Analysis
Trade
Experts
Juniper
AT Capital owned Juniper Green Energy plans Rs 3,000 crore IPO
Backed by Singapore-based investment firm AT Capital and Dutch energy & commodity trading company Vitol, Juniper has hired ICICI Securities, JM Financial and HSBC to launch a Rs 3000-crore IPO, said people aware of the development. The money will be raised through primary offering of shares, said sources.
29.01 / 22:15
markets
UPS
Waves
wellness
Trade
reports
Mass credit trader resignation in Singapore bodes well for 2025 hiring
It's a public holiday in Singapore to mark lunar New Year and the start of the year of the wood snake, which symbolizes self-improvement and the need for balance. Possibly with this in mind, a team of Singapore credit traders quit en-masse on Monday.
24.01 / 15:33
markets
Digital
Platform
Strategy
Enterprise
Experts
PAM
Tata Sons seeks CCI clearance to acquire additional 10 pc stake in Tata Play
Tata Play from Singapore's sovereign wealth fund Temasek Holdings. Currently, Tata Sons owns a 60 per cent stake in Tata Play. After the completion of the deal, Tata Sons will have a 70 per cent holding in the entertainment content distribution platform.
22.01 / 08:05
markets
Digital
Strategy
Experts
PAM
country
testing
CBDT clarifies past investment from Mauritius, Singapore, Cyprus will not be reopened for scrutiny
CBDT), has clarified that past investments made under certain tax treaties with countries like Mauritius, Cyprus, and Singapore will not be affected by a new rule called the Principal Purpose Test (PPT).
21.01 / 14:39
markets
Strategy
Experts
PAM
recommendations
Videos
Profiles
How to stay healthy at 75: Singapore’s finance expert reveals the SHIELD formula keeping him fit at 76
Ng Kok Song, a 76-year-old Singaporean financier, entrepreneur, and former Director of the Monetary Authority of Singapore, believes he has the answer. As per his LinkedIn profile, he has an extensive career in finance and as the founder of an investment company, Ng is also an advocate for healthy living.
21.01 / 07:17
Citizens
trends
country
reports
Courts
rights
Updates
Decoding dual taxation: What NRIs need to know for better tax efficiency
Subscribe to enjoy similar stories. Citizens of India residing abroad are classified as non-residents (NR) under the Income Tax Act, 1961 (the Act) based on their physical stay in India. Lately, there has been a surge in tax compliance among non-resident Indians, including filing of tax returns.
18.01 / 15:51
markets
Digital
Strategy
economy
President
PAM
country
India-Singapore working for development of semiconductor ecosystem: Prez Shanmugaratnam
Tharman Shanmugaratnam on Saturday said his country was trying to contribute to the semiconductor ecosystem and the air connectivity sector. «India aspires to be a pole in its own right, in a multipolar world that is true geopolitically, but it is also true economically. India is emerging as a major pole of the global economy. India is a nation with which we would like to collaborate,» he said, while briefing the media at the end of his two-day tour to Odisha.
14.01 / 16:31
markets
UPS
Provident
Man
security
social
Why is Singapore worried about the increase in ‘sham marriages’ to foreign women?
Singapore’s Immigration and Checkpoints Authority (ICA) has raised alarm over a significant rise in "sham marriages" — unions arranged for the sole purpose of securing immigration benefits. These marriages, often arranged by syndicates, predominantly involve Singaporean men marrying foreign women in exchange for payment, granting the women the ability to stay or work in Singapore. The ICA recorded 32 such cases between January and September 2024, a sharp increase compared to just four cases in the same period in 2023.
14.01 / 10:57
markets
FIVE
Digital
Airlines
Strategy
Experts
PAM
None of diverted flights to Singapore were from India, says Changi Airport
Singapore where 12 flights were diverted to regional airports due to intense monsoon since Friday, the airport operator said on Tuesday. «The flights, operated by various airlines, were from destinations such as Bangkok, Jakarta, Phuket and Shanghai,» the Changi Airport Group told PTI.
13.01 / 11:57
markets
Digital
Manufacturing
Strategy
President
PAM
Singapore President's state visit to India to boost special ties
Singapore President Tharman Shanmugaratnam will make a State Visit to India from 14 to 18 January 2025, at the invitation of the President Droupadi Murmu. Tharman’s State Visit commemorates the 60th anniversary of the establishment of Singapore-India diplomatic relations. He will visit New Delhi from 15 to 16 January, and Odisha from 17 to 18 January.
10.01 / 14:03
markets
Citizens
Mobile
country
travelers
International
Destinations
These are the most powerful passports in the world; where's the U.S, here's the full list
Henley Passport Index of the year 2025 has crowned Singapore as the most powerful passport of the world while granting its citizens visa free access to 195 out of 227 global destinations, reported CNBC Travel. This achievement actually marks a pretty significant milestone in global mobility while demonstrating the diplomatic and international standing of Singapore. According to CNBC Travel, Japan actually closely follows in second place with 193 visa free destinations while Finland, France, Germany, Italy, South Korea and Spain share third place together whereas each country is offering access to 192 destinations. The rankings actually highlight the continued dominance of Asian and European nations in international travel freedom. The United Arab Emirates emerged as a notable climber while rising 32 places to enter the top 10 with access to 185 destinations, asserted CNBC Travel. At the same time, on the other hand, the US eventually experienced a significant decline while dropping seven places to ninth position.
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